Thanks to Mr. Sampath for posting this issue..... & thanks to all for all ur valuable replies...![]()
Thanks to Mr. Sampath for posting this issue..... & thanks to all for all ur valuable replies...![]()
THANK U EVERY MEMBER WHO CONTRIBUTED TO THIS POST.....![]()
Thank u deepak sirjiiii for very useful link on this issue.........![]()
In case if return is filed manually then whether any document has to be attached to return of income or not?
or
whether any document like death certificate etc.of deceassed assessee is to be submited later at any time to jurisdictional A.O?
As per the Scheme of ITR documents are not required to be attached.
Death certificate etc.of deceassed assessee is to be submited later at any time to jurisdictional A.O if required.
there is no need to attach death certificate, as no where it is written
Fuirther AO if he think it is necessary, can demand
THANK U PARAS SIR FOR UR DISPLAY OF INDEPTH KNOWLEDGE AND SOLVING MY DOUBTS AS WHEN I ASKED U.
Thanks Deepak forur response.![]()
Thank You for posting.....
I was in search of answers for such querry....
Humour....
After the natural calamity at Kedarnath, people will realise the importance of this discussion.
interest income after 25/10/2012 to 31/03/2013 taxable in the hand of CA wife
| Originally posted by : CA PARAS BAFNA | ||
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Yes. As on 25.10.2012 FDRs and other assets and liabilities of the deceased can be shown in the accounts of the wife . . First decide the income of the deceased. Transfer the same into his capital account. Then, Transfer the entire balance sheet so formed, into the Books of A/c of the wife. . |
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Sir aftr transferring all income till 25/10/2012 in CA'S capital A/c , all assets and liabilities must be tranferred to first wife's a/c in CA's books of a/c?
Then in wife's books of a/c CA's a/c will be having same balance -net of assets and liabilities?
Then from dis a/c of CA it will added to respective assets and liabiities of wife? what narration to be given at respective places?
Being Asset /Liability inherited from Husband.
.
In a case where entries were not directly routed through the Capital Accounts -
IN THE BOOKS OF HUSBAND:
Transfer the Balance of Wife's A/c to H's Capital A/c so that it gets nullified.
IN THE BOOKS OF WIFE:
Transfer the Balance of HUSBAND's A/c to W's Capital A/c so that HUSBAND's A/c gets nullified.
Thank you sir for your prompt reply.....
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